1590 5Th StEwing, NJ 08638

For Sale
$950,000

Prime Commercial Property: High ROI Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity in Ewing, NJ, presents two buildings on a 0.44-acre lot. Building 1, a two-story office building totaling 9,838 square feet, is fully leased with three tenants. The first floor houses one tenant, while the second floor accommodates two. Importantly, tenants are responsible for all utilities, minimizing operational expenses for the owner. Building 2 is a 5,038 square-foot warehouse/garage featuring a 14.5-foot clear height, six vehicle lifts, and is currently used for automotive purposes. This building's tenant is on a month-to-month lease, offering flexibility for future plans. Ample parking is available, with 15 spaces in front of Building 1 and an additional 28 spaces at the rear of Building 2. While Building 2 sits within the 500-year floodplain, a functioning pump system mitigates potential flooding concerns. The property's location within Sub Area 8 of the Olden Avenue Redevelopment Plan suggests future growth potential. The seller is open to considering seller financing for qualified buyers with a suitable down payment, making this an attractive proposition for various investment strategies. This property offers a blend of stable income from the office building and the potential for increased returns from the warehouse/garage, making it a compelling investment opportunity.

Property Details for 1590 5Th St

Property type
Investment properties, Other investment properties
Square Feet
9,838 SF
Year Built
1980
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Ewing
County
Mercer
State
New Jersey
Latitude
40.24648
Longitude
-74.7598
1590 5Th St, Ewing, New Jersey

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1590 5Th St
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